Underwriter-Commercial LinesPosted: November 19, 2009
Underwriter-Commercial Lines Job Code: 1277 Division: Burns & Wilcox Location: PARSIPPANY, NJ US Travel Involved: None Job Type: Full Time Job Level: Experienced Education: Bachelors Degree or Equivalent Skills: Category: Underwriting Job Summary & Essential functions / responsibilities: WHO WE ARE: Burns & Wilcox is a dynamic industry leader in the specialty insurance and brokerage business. With multiple branch offices located throughout the US, we are the largest specialty insurance wholesaler in North America. The windmill powered farm, the famous pianist’s hands, the huge concert venue; these are just a few of the types of coverage that can be underwritten at Burns & Wilcox. Our brand pillars exemplify our determination and creativity. Our employees are smart, broad, quick and agile. We always go the extra mile to meet the specialized needs of our agents and agencies. We are recognized around the world for our underwriting and brokerage expertise in specialty lines, professional and commercial liability, and property and personal lines. Our employees feel part of an extended family, enjoying a strong team-oriented culture and a friendly working environment. Burns & Wilcox is committed to being at the forefront of the specialty insurance industry. Consistently profitable, Burns & Wilcox has experienced significant growth over the last several years. At Burns & Wilcox, we value smart people, smart products, and smart solutions. We invite you to consider joining our winning team! THE JOB OPPORTUNITY: Underwriter-Commercial Lines WE OFFER THE SUCCESSFUL CANDIDATE THE OPPORTUNITY TO: • Produce business in assigned territories • Participate in a highly lucrative sales incentive plan • Access the breadth of our products and markets • Use cutting-edge technology to deliver high quality service to agents and agencies WE EXPECT THE SUCESSFUL CANDIDATE TO: • Underwrite new and renewal business for insurance company partners based on underwriting authority and contract guidelines • Evaluate, classify, and rate each risk to determine acceptability, coverage, and pricing • Apply appropriate quality underwriting and risk selection on the business quoted • Develop and submit underwriting referrals, where required, to company brokerage facilities and Burns & Wilcox management • Manage relationships with retail agents and respond to requests for coverage on a timely basis • Develop and execute marketing plan to drive new business, including in-person visits, telemarketing and distribution of marketing materials • Have knowledge of or perform computer data entry of quotations, binders and related support documents • Monitor key metrics, such as, new business hit ratio, renewal retention ratio, premium growth, and loss ratio, formulating corrective action where necessary • Mentor and train Assistant Underwriters as needed • Be technologically savvy and data driven Required Qualifications: QUALIFICATIONS Bachelor’s degree or equivalent combination of education and experience Minimum three years of Property and Casualty underwriting experience Insurance experience in underwriting with excess and surplus lines preferred Insurance license preferred COMPENSATION Competitive compensation and benefits package available to successful candidates.
Please refer to job code burnsandwilcox-1277 when responding to this ad.
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| | Location: | PARSIPPANY, NJ | | County: | Morris County | | ZIP Code: | 07054 | | Pay Rate: | Open | | Job Terms: | full time | | Company: | Burns & Wilcox | | Phone: | email only please | | Fax: | email only please |
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